# The Finance Act, 2022, Section 21: Amendment of section 80DD

- Act: The Finance Act, 2022 (Act 6 of 2022)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-2022/section/21/

## Text

Amendment of section 80DD. 21.  In section 80DD of the Income-tax Act, with effect from the 1st day of April, 2023,— (1) | in sub-section (2), for clause (a), the following clause shall be substituted, namely:— "(a) | the scheme referred to in clause (b) of sub-section (1) provides for payment of annuity or lump sum amount for the benefit of a dependant, being a person with disability,— (i) | in the event of the death of the individual or the member of the Hindu undivided family in whose name subscription to the scheme has been made; or (ii) | on attaining the age of sixty years or more by such individual or the member of the Hindu undivided family, and the payment or deposit to such scheme has been discontinued;"; (II) | after sub-section (3), the following sub-section shall be inserted, namely:— "(3A) The provisions of sub-section (3) shall not apply to the amount received by the dependant, being a person with disability, before his death, by way of annuity or lump sum by application of the condition referred to in sub-clause (ii) of clause (a) of sub-section (2).".

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